STAG Industrial, Inc. (NYSE:STAG – Free Report) – Analysts at Wedbush lifted their FY2025 earnings per share estimates for shares of STAG Industrial in a research report issued on Monday, November 11th. Wedbush analyst R. Anderson now anticipates that the real estate investment trust will post earnings per share of $2.55 for the year, up from their previous forecast of $2.54. Wedbush has a “Outperform” rating and a $45.00 price target on the stock. The consensus estimate for STAG Industrial’s current full-year earnings is $2.38 per share.
A number of other brokerages also recently commented on STAG. Wells Fargo & Company lowered their target price on STAG Industrial from $41.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Monday, November 4th. Evercore ISI upped their price objective on STAG Industrial from $43.00 to $44.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th. Finally, Barclays decreased their price target on STAG Industrial from $42.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Monday, October 28th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, STAG Industrial has an average rating of “Hold” and an average target price of $41.13.
STAG Industrial Stock Performance
STAG opened at $37.32 on Tuesday. STAG Industrial has a fifty-two week low of $33.99 and a fifty-two week high of $41.63. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.87. The firm has a market cap of $6.80 billion, a PE ratio of 37.70 and a beta of 1.09. The business has a fifty day simple moving average of $38.40 and a 200-day simple moving average of $37.57.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of STAG Industrial by 0.7% during the first quarter. Vanguard Group Inc. now owns 26,237,263 shares of the real estate investment trust’s stock worth $1,008,560,000 after buying an additional 176,332 shares during the last quarter. Earnest Partners LLC grew its stake in shares of STAG Industrial by 2.2% during the second quarter. Earnest Partners LLC now owns 3,652,984 shares of the real estate investment trust’s stock worth $131,727,000 after buying an additional 78,189 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of STAG Industrial by 6.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,865,673 shares of the real estate investment trust’s stock worth $103,333,000 after purchasing an additional 167,532 shares during the last quarter. Boston Trust Walden Corp grew its stake in shares of STAG Industrial by 1.0% in the second quarter. Boston Trust Walden Corp now owns 2,552,752 shares of the real estate investment trust’s stock worth $92,052,000 after purchasing an additional 25,779 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. grew its stake in shares of STAG Industrial by 7.0% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,776,042 shares of the real estate investment trust’s stock worth $64,045,000 after purchasing an additional 115,480 shares during the last quarter. 88.67% of the stock is owned by institutional investors.
STAG Industrial Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.1233 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.48 dividend on an annualized basis and a yield of 3.97%. STAG Industrial’s dividend payout ratio (DPR) is 149.49%.
About STAG Industrial
We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, and (iii) capitalize our business appropriately given the characteristics of our assets.
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